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Garmin could close smartphone business next year

Garmin's Chief Financial Officer Kevin Rauckman has admitted to Reuters that the company's nüvifone navigation-focussed smartphone hasn't done as well as expected. In an interview he said the company would decide within the next six months whether it would continue investing in its partnership with Asus.

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The market for 'no frills' mobile operators is growing, says report

Independent telecoms analyst Ovum says the market for ‘no frills’ mobile virtual network operators will increase over the next five years. Tesco – which runs the Tesco Mobile MVNO - and other retailers will benefit as more and more people select their mobile service as they shop.

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31% of UK consumers more likely to respond to advertising that has a mobile option

The latest Mobile Consumer Briefing report from the Mobile Marketing Association and Lightspeed Research has revealed that 31% of UK consumers felt they'd be more likely to respond to an advert that provided the option of responding by mobile phone. The figures were 24% for French consumers and 20% for Germans.

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HP buying security company ArcSight

Technology company buys security company. First it was Intel and McAfee, now it's HP and ArcSight. The two companies have agreed that HP is going to acquire ArcSight in a deal wirth around $1.5 billion.

Author: The Fonecast
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17 million Euro investment for Blyk

Virtual mobile network turned mobile media company Blyk has just finalised a 17 million Euro investment from a consortium of investors led by mobile venture capital firm Nexit.

Author: The Fonecast
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